Trade wars may affect the dollar’s value – expert

6 May 2012 14:52  26711401 011744
Trade wars may affect the dollar’s value – expert

The political problems could influence the exchange rate and even lead to inflation, said the head of the advisors NBU group Valerii Lytvytskyy, informs Puls Kyieva.

According to him, any political problem may affect the price level of the exchange rate. The political escalation is negatively perceived by the society and immediately reflects in the horse races prices, said V. Lytvytskyy.

Among such reasons the experts call the trade wars with Russia, while at the same time Lytvytskyy believes that the presidential social initiatives must not change the economic indicators. 

Tags: inflation, exchange rate

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